705 Ridge AveFestusMO63028
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Festus at 705 Ridge Ave, Festus, MO, 63028 at $124,900 posts ROI 26.07% with $212/mo cash flow from $990/mo rent. Total monthly income equals $990/mo, and annual cash flow records $2,550/yr on $41,404 to close. Return on cash invested measures 26.07% and rental yield reads 9.51% at the current $124,900. Equity gained on principal adds $806/yr, and 5% annual appreciation supports $34,508 by year five. Five-year ROI prints 136.01% and total cumulative return in cash totals $56,314.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $990/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1938
8,137 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 63028, Festus, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,767 (100%) |
| Owner Occupied HU | 8,777 (74.6%) |
| Renter Occupied HU | 2,372 (20.2%) |
| Vacant Housing Units | 618 ( 5.3%) |
| Median Home Value | $261,375 |
| Average Home Value | $298,353 |
Housing Distribution
Address Breakdown
Residential
11,592
Single Family
11,376
Multi-Family
216
Businesses
702
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Listed by: Cathi Stafford • Gateway Real Estate
Mls Name: MARIS
Mls Provider:
Mls ID: #25036365
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